Why You May Be Stuck Holding the Bill for the Largest Taxpayer Rip Off
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For this reason, most of the industry is united against any sort of serious public plan. Their latest compromise is a system of small cooperative insurers that will have no bargaining power. That's a cute joke, but it has nothing to do with health care reform.
So, keep hold of your scorecard. Unless Congress creates a serious public plan, you can expect to be hit with the largest tax increase in the history of the world -- all of it going into the pockets of the health care industry.
Dean Baker is co-director of the Center for Economic and Policy Research.